NEW DELHI (Commodity Online): The Cabinet Committee on Economic Affairs (CCEA) has fixed the Minimum Support Price (MSP)of Toria of Fair Average Quality (FAQ) for 2011-12 season which is to be marketed in 2012-13 has been fixed at Rs. 2425 per quintal.
The price was fixed on the basis of the normal market price differentials between Toria and Rapeseed or Mustard.
The National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) will continue to act as the Central Nodal Agency to undertake price support operation of Toria to be marketed in 2012-13.
The Department of Agriculture and Cooperation (DAC), being the nodal agency for implementing the Price Support Schemes (PSS) will take necessary steps like publicity of the decision regarding MSP of Toria, issue of directions to NAFED for undertaking price support operations of Toria.
